2022-5-21 14:56 |
DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST.
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The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”
2022-5-21 16:07 | |
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A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.
2022-5-12 02:38 | |
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Tether is finally live on the Algorand 2. 0 blockchain, becoming the first stablecoin to join the project. Algorand Added USDT Tokens After Months of Waiting Algorand (ALGO), the totally permissionless proof-of-stake blockchain, is one of the few selected to carry Tether (USDT) stablecoins.
2020-2-10 18:00 | |
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From Gemini’s IPO and Do Kwon’s guilty plea, to OKX erasing $26 billion worth of tokens, the crypto industry is seeing both bold moves and sobering reminders of risk.
Terraform Labs co-founder Do Kwon admitted guilt on fraud and conspiracy charges related to the 2022 TerraUSD collapse that cost investors $45 billion. The post Former Terraform Labs Boss Do Kwon Pleads Guilty to Conspiracy, Fraud Over $44B Crash appeared first on Coinspeaker.
Black swan events are part of the crypto terrain, and planning for them as inevitabilities is what’s going to set serious players apart.
Anthony Scaramucci, founder of SkyBridge Capital, says New York’s Martin Act, an anti-fraud statute enacted in 1921, should be repealed. The SkyBridge Capital founder’s call for the abolishing of the law comes in the wake of the New York Attorney…
Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200…
Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.
